• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

WYZth Secures $950,000 for Web3 Development

user avatar

by Giorgi Kostiuk

a year ago

WYZth platform announced securing $950,000 from Victus Capital to develop its blockchain ecosystem. The funds will be used to improve infrastructure and support Web3 growth.

New Funding and Its Purpose

WYZth secured $950,000 through over-the-counter funding from Victus Capital. These funds will be utilized to expand the WYZth blockchain, enhance developer tools, and grow the team to accelerate Web3 adoption.

Growth of WYZth Ecosystem

The blockchain industry is rapidly evolving, and WYZth's focus on creating a developer-friendly environment positions it as a key player in the Web3 space. It has achieved over 80 million transactions and 65.6 million wallet addresses, showcasing the trust and growth of its ecosystem. Additionally, integration with Rabby Wallet facilitates easier access to the gasless blockchain ecosystem.

The funding comes at a time when interoperability and scalability are the most talked about topics in the crypto space. WYZth aims to lower barriers for developers and businesses entering the Web3 ecosystem.

Backing by Victus Capital

Victus Capital, known for supporting high-growth ventures, highlights its trust in the blockchain space despite challenges in other industries. Founded in 2021, WYZth aims to simplify blockchain adoption for the next generation of decentralized applications.

Victus Capital's investment underscores WYZth's significance in supporting Web3 and innovations in decentralized technologies.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Understanding the Technical Foundation of JasmyChain

chest

JasmyChain is designed to support AI and Web3 applications with high transaction throughput.

user avatarZainab Kamara

JasmyChain Launches MemePad for Easy Memecoin Creation

chest

JasmyChain has launched Jasmy MemePad, enabling users to create memecoins without programming skills.

user avatarAndrew Smith

MegaETH's Token Sale Raises $450 Million

chest

In October 2025, MegaETH conducted a token sale for its native token MEGA, raising approximately $450 million.

user avatarAyman Ben Youssef

Ripple Treasury Integrates Digital Asset Management for Corporations

chest

Ripple Treasury integrates digital asset custody and management into corporate treasury operations, allowing finance teams to manage various digital assets directly within their workflows.

user avatarTando Nkube

Ripple Treasury Platform Introduced to Transform Corporate Cash Management.

chest

Ripple's subsidiary GTreasury has launched the Ripple Treasury platform, integrating traditional cash management with blockchain technology.

user avatarJacob Williams

Investigation Launched into John Daghita's Alleged Theft of Government Seized Crypto

chest

The US Marshals Service has launched an investigation into John Daghita's alleged theft of over $40 million in cryptocurrency from government wallets, raising concerns about the management of seized digital assets.

user avatarSon Min-ho

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.